Five Below Stock Looks Attractive At $128
- Date: 14-Sep-2020
- Source: Forbes
- Sector:Financial Markets
- Country:GCC
Five Below Stock Looks Attractive At $128
ORLANDO, FLORIDA, UNITED STATES - 2015/07/18: Five Below women's apparel store. (Photo by John ... [+] Greim/LightRocket via Getty Images)
LightRocket via Getty Images
Despite a spectacular 140% rise since the March lows of this year, at the current price of around $128 per share, we believe Five Below's stock (NASDAQ: FIVE), a teen-focused discount retail company, still looks attractive and it could offer more upside from the current levels. Five Below's business lives up to its name by offering a wide range of goods priced at $5 or less. The stock price is almost 23% higher from the levels seen in early 2018. Our dashboard, ‘What Factors Drove 25% Change in Five Below Stock between 2018 and now?‘, explains more with underlying numbers.
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